Finance leaders are employing techniques, such as dynamic early-payment discounting, to improve short-term liquidity, as well as enable payables to have a positive impact on working capital, the balance sheet, the income statement, and, ultimately, the bottom line.
But because many companies continue to rely on manual processes and a patchwork of incompatible financial systems, they are unable to close the loop on essential components of the overall financial supply chain, including sourcing, invoicing, billing, and payables.
CFO is bringing together leading finance executives from a variety of industries to discuss these topics and more at our 2017 CFO Webcast: How Finance leaders are looking to the Financial Supply Chain to Optimize Working Capital and Liquidity.
About the Speakers
Phil Beck, Senior Vice President, SAP Ariba
Phil Beck is SVP Payments & Financing at SAP Ariba. In this role, he is responsible for all aspects of the company’s strategy and execution to transform global B2B payments.
Prior to his current role, Mr. Beck served as Ariba’a Global VP for Network Knowledge and Strategy from 2012 to 2014 and as Vice President of Ariba’s Network account management and operations teams from 2007 to 2012.
Stan Brown, VP Global Supply Chain & Chief Procurement Officer, CA Technologies
Responsible for leading the Global Supply Chain (GSC) organization. Scope of responsibilities includes creating the strategic direction and managing a GSC staff across 5 geographic regions within manufacturing, distribution (direct, reseller, distributor, and retail sales models), logistics, transportation, warehousing, and print. Created and implemented a global supply chain strategy that supports the business strategy while reducing inventory by 90%, reducing lead time by 95%, reducing cost by 75% and improving customer satisfaction.
Mustally Hussain, Vice President & Corporate Treasurer, Herc Rentals
Mustally Hussain is the Vice President and Corporate Treasurer of Herc Holdings Inc. In his current position, he is responsible for cash operations, capital markets, risk management and overall financial strategy. Prior to joining Herc, Mr. Hussain was Deputy Treasurer at Hyundai Capital America and spent several years at National Grid USA in leadership positions. He began his career in corporate finance and M&A at Analysis Group and Citigroup in New York. He is a frequent speaker at industry conferences and serves on the CFO Advisory Council of Innovation Enterprise and has won awards from AFP, Adam Smith and TMI on excellence in treasury and finance. He holds an M.B.A. from the MIT Sloan School of Management.
Greg Tennyson, Chief Procurement Officer, VSP Global
Greg Tennyson has progressive leadership roles in procurement, sourcing, finance and commercial contracts experience with Fortune 500 companies with the last 15 years as a CPO. His experience is with not-for-profit and for-profit R&D, manufacturing, healthcare insurance and high-tech companies. He holds a bachelor's degree and M.Sc from St. Mary’s College, Moraga CA and held professional certification credentials from the National Contract Management Association (Certified Professional Contracts Manager) and Institute of Supply Management (Certified Purchasing Manager). He currently holds his Certified Sourcing Professional credential from Sourcing Interest Group.
About the Moderator
Joe Fleischer, Editorial Director, Custom Content and Research, CFO Publishing
In his role as editorial director of CFO Publishing's custom content team, Joe Fleischer focuses on developing eBooks, research reports, and virtual events on topics that reflect the primary concerns and priorities of senior finance executives. He is based in New York.